$1,595,000
Est. $8,007/mo4 bd•1 ba•3,127 sq ft
3440 Madrona Beach Road Nw, Olympia, WA 98502
• Listed 2026-05-29•6 days on market
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Based on information submitted to the MLS GRID as of July 2, 2026 at 10:27am (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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NEW PRICE! The One you have been waiting for! Seize this rare opportunity to own 100' of medium bank Eld Inlet waterfront with concrete bulkhead near Griffin School. This fully remodeled 4 bedroom + office, 4 bathroom waterfront estate is ideal for multi-generational living. The main floor features finished in place hardwoods throughout, a gourmet kitchen with gas range, butler's pantry and sweeping views of Eld Inlet. The main floor master suite provides a tranquil spot to escape the world-- your own spa-like bathroom, sitting area and private deck for morning coffee. Enjoy 2 more bedrooms on the main floor + 2 guest baths. Curbless showers and extra-wide hallways can accommodate guests of all mobility ranges! Downstairs is a fully self contained apartment with own washer/dryer. Outdoor kitchen ready for waterfront BBQs with pizza oven, full-size grill, gas burners, refrigerator and TV. Just minutes to Hwy 101. Park your boat in the detached 3 car garage with bonus room above. Garage pre-plumbed for bathroom. Award winning K-8 Griffin School. RV & boat parking. Ample parking pad for 12+ cars doubles as pickleball court with flush-mounted net holders in ground! 10 minutes to Olympia's Westside amenities. Your best summers are ahead at Madrona Beach!
Listed by Alley Savin • Century 21 Van Dorm Realty
Listing updated: July 2, 2026 at 10:27am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2531334
Open houses
Nearby open houses (2)
See more →$935,000
-$660,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $805K and $1.4M.
Rental earnings
$2,800/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$899,000Last sold price
6102 49th Trail Nw, Olympia, WA 98502

$965,000Last sold price
4227 Forest Park Street Nw, Olympia, WA 98502
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
3440 Madrona Beach Road Nw, Olympia, WA 98502
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Neighborhood mobility
$9,316 per month
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Olympia is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 13 days.
$1,043,125 Sold
5 months ago
3 bd•~2,077 sq ft•Single Family
5611 Sunrise Beach Road Nw, Olympia, WA 98502
5%
Under list
—
Days on market
0.6 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jul 2026
Griffin School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.